Page 177 - CFF
P. 177

Lost profits damages






         • Lost profits is a common form of damages in

             business litigation when an injured business has

             lower (or no) profits because of a wrongdoing.


         • Attorneys often leave the task of measuring


             damages to experts.


         • Measurement of lost profits can be completed using

             two approaches:



             – Lost accounting income

             – Lost cash flow




         5    © 2019 Association of International Certified Professional Accountants. All rights reserved.
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